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    • PDPC
    • Public Consultations

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    • COVER PAGE On behalf of the National Association of Professional Background Screeners (NAPBS), whose members include over 850 member companies engaged in employment and tenant background screening across the globe, we submit our comments on the PDPC Public consultation for approaches to managing personal data in the digital economy. We are a non-profit organization we have been dedicated to providing the public with safe places to live and work since 2003. NAPBS members range from Fortune
    • MAS
    • Media Releases

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    • Singapore, 5 October 2022… The Monetary Authority of Singapore (MAS) today launched the ESG Impact Hub (the Hub) to spur co-location and collaboration between Environment, Social, Governance (ESG) FinTech start-ups and solution providers, financial institutions and real economy stakeholders. The Hub will also anchor industry-driven sustainability initiatives such the Point Carbon Zero Programme Please refer to MAS’ and Google Cloud’s media release for more information on the Point Carbon Zero Programme
    • PDPC

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    • PDPC

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    • PDPC
    • Help & Resources

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    • On 22 January 2021, the 1st Association of Southeast Asian Nations (ASEAN) Digital Ministers’ Meeting (ADGMIN) approved the ASEAN Data Management Framework (DMF) and Model Contractual Clauses for Cross Border Data Flows (MCCs). The initiatives were developed by the Working Group on Digital Data Governance chaired by Singapore. The ASEAN DMF and MCCs are key resources and tools for ASEAN businesses to utilise in their data-related business operations. The DMF provides a step by step guide for businesses
    • MAS
    • Consultations

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    • Proposed safeguards to mitigate market conduct risks posed to consumers arising from financial institutions (FIs)' marketing and distribution activities at retailers and public places. Some proposals include having FIs to conduct regular mystery shopping and site visits and ensuring that any gift offered to customers does not influence the decisions of customers to purchase any financial products and services. MAS also proposed a list of notification requirements for the FIs. Response VIEW DOCUMENT
    • PDPC

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    • GUIDE TO MANAGING DATA BREACHES 2.0 1 GUIDE TO MANAGING DATA BREACHES 2.0 -------- 2 -------- GUIDE TO MANAGING DATA BREACHES 2.0 3 CONTENTS INTRODUCTION ................................................................................................... 4 PREPARING FOR DATA BREACHES ................................................................... 6 RESPONDING TO DATA BREACHES ................................................................. 10 ANNEX A Possible Causes of
    • MAS
    • Economic Essays

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    • By the Economic Policy Group, Monetary Authority of Singapore This study was published as Special Feature A in the April 2022 Macroeconomic Review. 90 Macroeconomic Review | April 2022 Special Feature A Invoicing Currency in Singapores Merchandise Imports In contrast with the standard assumption that goods exports are always priced in the home currency of the producing firm, empirical research has shown that they are often priced in the destination countrys
    • MAS
    • Media Releases

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    • Singapore, 7 February 2018... The Monetary Authority of Singapore (MAS) has issued new guidance to financial institutions (FIs) on the use of innovative technology solutions to facilitate safe, non-face-to-face customer on-boarding. MAS requires FIs operating in Singapore to implement robust controls when onboarding new customers, e.g. when opening a bank account, to detect and deter money laundering or terrorism financing. MAS already allows FIs to carry out non-face-to-face (NFTF) verification
    • MAS
    • Media Releases

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    • Singapore, 20 September 2017…The Monetary Authority of Singapore (MAS) announced today that it has established a Cyber Security Advisory Panel (CSAP), comprising cyber security thought leaders from around the world. 2   The CSAP will advise MAS on strategies to enhance the cyber resilience of Singapore’s financial sector. Specifically, CSAP will provide MAS global perspectives on evolving technologies and cyber threats and their implications for financial services, as well as insights on best practices